Verizon to introduce 'toll-free' data

A pedestrian checks his mobile phone while walking past a Verizon Wireless store in San Francisco, California, U.S., on Wednesday, April 15, 2015. They’re coming soon to your data plan. Toll-free calling has been around for decades, so why not do the same for data? The so-called sponsored data, as the term implies, is paid for by a third party. That’s just like when you dial an 800 number – the company you’re dialing pays for the call, not you. For example if a company wanted you to watch its video ads, the carrier/ISP will stream those videos without it eating your data, effectively allowing that company to sponsor the data for its video. None of that data would count against your bucket of gigabytes that you pay for every…